Revelations that Banca Monte Paschi hid details of structured finance deals that may produce hundreds of millions of euros in losses is embroiling everyone from Italian Prime Minister Mario Monti to European Central Bank President Mario Draghi, while providing fodder...
Read more »
Photograph by Alessia Pierdomenico/Bloomberg
Monte Paschi Provides Fodder for Berlusconi Attacks on Rivals
Today in Euro Crisis History: Best-Laid Plans
January 31, 2010 EU Plans to Tell Greece to Cut Public Sector Salaries The European Commission will recommend Greece’s government cut public-sector salaries and improve tax collection, the Financial Times reported, citing a draft proposal. Europe’s debt crisis only seems...
Read more »
